DheyaTech Raises $4.5 Million in Bengaluru to Commercialize Indigenous Micro Gas Turbines

Bengaluru-based DheyaTech raised ₹43 crore, roughly $4.5 million, in a round led by Avaana Capital, with existing investor and manufacturing partner Unimech Aerospace and Manufacturing also participating. The round is small next to the day's largest global raises, but it targets a strategically significant gap in Indian aerospace manufacturing.

DheyaTech develops small gas-turbine engines spanning roughly 20 kgf to 400 kgf of thrust, designed for advanced aerial mobility platforms and energy-generation applications, with engineering work extending into hydrogen-compatible propulsion and power systems. Gas-turbine design requires expertise across aerodynamics, high-temperature materials, rotating machinery, combustion and precision manufacturing, a combination of disciplines few companies globally, and very few in India, currently possess at the small-turbine scale DheyaTech is targeting.

The company says its engines are moving toward commercial deployment, with flight trials targeted for the fourth quarter of 2026 and orders already received from both Indian and overseas OEM customers. DheyaTech also says it is the first private Indian company pursuing independent airworthiness certification for its gas-turbine engines under CEMILAC-DRDO, India's defense aviation certification authority. Those are company statements, and certification, successful flight trials and reliable production at scale remain the tests that will determine whether the technology becomes an enduring aerospace business rather than a promising prototype.

The new capital will fund production expansion, an integrated engine-testing facility, and continued customer deployments. The involvement of Unimech Aerospace and Manufacturing as both investor and manufacturing partner is a notable structural detail: rather than DheyaTech building out its own heavy manufacturing capacity independently, it is pairing design and engineering IP with an established aerospace manufacturer's existing production infrastructure, a capital-efficient path toward scale for a hardware-intensive deep-tech company.

DheyaTech's raise sits within a broader pattern of Indian deep-tech investment targeting domestic propulsion, defense and aerospace capability, an area where strategic independence, not just commercial opportunity, is increasingly shaping where capital flows. Small-turbine propulsion for advanced aerial mobility and defense platforms is a narrow technical niche, but it is exactly the kind of capability-building bet that Indian investors and government-linked certification bodies alike have strong reason to support.

Avaana Capital's involvement as lead investor is also worth noting for founders tracking which Indian funds are active in deep tech and climate-adjacent hardware right now. Rounds this size, in the low single-digit millions, remain the most common entry point for Indian hardware and deep-tech startups moving from prototype toward their first paying customers, and DheyaTech's combination of a lead financial investor alongside a strategic manufacturing partner willing to co-invest is a structure other India-based hardware founders may want to study when thinking through their own early-stage capital stack.

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